From DNAInfo:
Crews Begin Work on Navy Pier's New 1 Million-Pound Ferris Wheel
https://www.dnainfo.com/chicago/20160119/streeterville/crews-begin-work-on-navy-piers-new-1-million-pound-ferris-wheel-photos
Officials are hoping the new Ferris wheel will be the centerpiece of a completely re-imagined Navy Pier, which could include a hotel, grand fountain and new dining and entertainment options.
Officials hope the new wheel will be ready in time for the pier's 100th anniversary this summer.